Answer:
Features such as migration of people, invasions, population distribution, and deurbanization characterized this period. The medieval ages had three periods, which include the antiquity, the medieval periods, and the modern period, all of which exhibited different characteristics.
Explanation:
Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
Answer:
Gold and other precious natural metals; silver and copper.
Explanation:
Answer: its d
Explanation: The First Crusade (1096–1099) was the first of a series of religious wars initiated, supported, and sometimes directed by the Latin Church in the medieval period. The initial objective was the recovery of the Holy Land from Islamic rule. These campaigns were subsequently given the name crusades.
Answer: See explanation
Explanation:
Economic equity simply Mena's fairness. It is the function of every government to promote economic equity in the society.
This is a vital goal for the government as everyone should be treated equally and fairly as no one is above the other in the society.
Some of the ways that the government can promote economic equity is provision of infrastructural facilities for everyone in the society and not only the people in the urban areas. Those in rural areas shouldn't be left out.
Government can also redistribute income so that there can be a reduction between the gap that exists between the rich and those that are not financially bouyant. This can be done through taxation.
Economic equity is vital as it helps in the improvement of the standard of living of the people and the growth and development of a country.
